Presented below are selected accounts for Dawson Company as reported in the worksheet at the end of May 2012.

Adjusted

Income

Accounts

Trial Balance

Statement

Balance Sheet

Dr.

Cr.

Dr.

Cr.

Dr.

Cr.

Cash

11,000

Inventory

76,000

Sales Revenue

480,000

Sales Returns and Allowances

10,000

Sales Discounts

9,000

Cost of Goods Sold

300,000

Instructions

Complete the worksheet by extending amounts reported in the adjusted trial balance to the appropriate columns in the worksheet. Do not total individual columns.